 Melissa. Hey. I'm okay. Thank you. How are you? Good. Just wanted to check in with you this week. It was a wild ride. Yes, it has been. They look really good. So definitely hold them into next week. Did you do one or both or what did you do? I did both. Yeah, they look good. And I still have lulu. People are still in it. Did you watch it at all or you just kind of looked away from it after you took it? Oh, no, I just took it and walked. Yeah. I mean, I thought this would have been better, but if you'd watched it again similar to the Walmart one, like if you had watched it here Do you see that there? Do you see my charts? I do Here and then even here it was like not this was not a good sign But if you weren't watching it, you didn't see that I mean, I still think that this looks good and I like the market for next week as to be bullish So this could this could still can go in the next week, you know But some people did get out of it because because you could see here with this But anyways, I mean if you're in it, you're in it. It's too late now Yes, it was unfortunate that because I took it out of the gate and I could have got a better price if I'd waited slightly You say that every time you say that every single time. It's quite ironic. It's quite ironic, isn't it that if I wait Then I don't believe that's true But every time one doesn't go the way that you expect you say that every time one does go Costco Ulta then you never say that so you only say that on the ones that don't go So so you would say that no matter what anyways In other words, if you took the train When it fell in you still would be in it if you were in it today And you would be down it wouldn't matter the price you got Does that make sense if you got the best possible price on the day that it gaff The best one in the world the lowest point of the day you would still be down today So it doesn't matter So therefore your philosophy as far as waiting for quote-unquote pullbacks doesn't make sense because if that had gone You would have missed it then does that make sense? Yes. Yes. That is perfect. Yes You can wait for everyone if you want, but you're going to miss trades then to go That's your choice. I I agree. I mean the same with the market trades today. I took them when the market opened I know, but I mean it's look at this It pulled in it does it you you you really are screwed up in the head about that now you just It's probably me wanting wanting a bit of price than I actually get That there is no reason for you to want that it's not going to make a difference You're not taking 50,000 contracts if you were maybe I could understand If maybe I could even justify you could say well, I could have got another five Five thousand no what the difference for you Philip worth what you're at What the risk is to concentrate on what you're focusing on it would not make a difference to you You're being you're like being what is it? What is the british phrase penny? Penny foolish pound poorer. What the heck is that? It's something. What's the phrase? Penny. I don't know. It's whatever it is. What's the phrase? I'm trying to think you've messed it up for me Penny shy pound foolish Actually now that I think of it with the new heads and yards a british restaurant opened up down here called queen's queen's Queen's yard. It's supposed to be big over there in london. Have you ever been to it? I haven't queen's yard now I first of all, you can't get into reservations. It's impossible the second of all I looked at the menu and they have things like rabbit. I'm like, oh my gosh I don't I don't even know if I'd like to eat this food But yeah, this much meat on rabbits. I don't know how much there is there It's very avant-garde, but anyways, you can't even get in Yeah, I was thinking of you because it's supposed to be some big london chef that that's some famous guy that came over here That has it going on the ice bar I thought you were going to say that new restaurant that's opened up at columbus circle Which one? Oh, no, that looks good. That's something like in birds. That looks that looks wonderful for brunch I've never been there. I'll have to go there. I haven't been there yet because every time I go there I go to porter house But I mean that does look good for brunch brunch Actually, they had something they opened last year in the fall and I thought about going there for the thanksgiving day parade They had some special thing where you could watch the parade from there. I'll get there eventually that looks like a place I'd like the food this other place. I'm not sure if I like the food You know anyways, long story short Yeah, long story short I You have to decide if you really are that concerned then wait, but I'm telling you you will miss some trades So therefore I don't think you're going to fare any better In other words, you'll miss some that go right a ways by waiting And then some that you want to get a better price in like like the This one or the lulu whatever then then you'll be glad you waited So I don't you're you're wanting something that works in all instances. It doesn't if the trains are going to work They're going to work even if somebody got the worst price in the day when they fail They actually just fail or in the case of lulu even if if you got out of that positive and had a decent price in it It still wasn't a big option. It didn't have the move. I thought yet now it could in the next week But what I'm saying is I don't think you're gonna I think you might miss some then so if it's if you really want to wait Then you're going to miss some of the trades if you can live with that then wait I don't think it's going to make a difference because of the quantity of the contracts that you're taking right now Yes, I understand that but the problem is with lulu. I did pay over the odds I paid slightly more than what I wanted to pay on my allocation of price Um of overall cost But I don't want to miss any trades how much more did well it cost me 5.95 Well, it's between 300 and 400 really I know that's too much because you risked double $200 more but you risked double You were stubble now again if that goes on to work Which I'll see something in the next week to give the confirmation that it still will work right now There's nothing to take away from today. The fact that it's falling here today doesn't I don't This is this is not mean the trade is dead. I have to see how it X next week But I will say though that I wouldn't double your risk I wouldn't double your risk So if it you have to have it you have to kind of look and say, okay This is a little bit more than I wanted to but it's not crazy. You don't want to double your risk It's too late. You're in it. I mean, what are you down in it now? Well put it this way. It's only worth $109 at the moment. I know but it's 109 bucks. Do you want to hold it through? I mean, I'm just telling you you really did risk double eight days eight days left on it in time I know you gotta work for the people that are in it I'm gonna do a video later today or tomorrow But I'm just telling you that it didn't go the way that I wanted If you can risk a little bit more I don't have a problem with that but don't double or triple your risk in anything So the question is here you want to kill it if if you kill it and it goes you're gonna be pissed If you get out of it You save a hundred bucks because if the whole trade fails then you lost to double your risk It was like you did two trades. I don't yes, but at the moment when you look at the daily chart It's not really gone anywhere. How's it it has dropped? Yes. I don't think this looks bad It didn't do what I thought but I don't think this is like. Oh my god. It's never going to work in a million years. No FDX I saw at one point that that was just dead as a doornail But not but I don't feel that way about this because the market really didn't go anywhere today. So, you know Right, right Market trades are in both market trades. That's positive. Lulu. Don't double your risk in the next trade I wouldn't do it. I wouldn't even do it in earning season other than that. That's all that you have going on right now, right? It is. Yes. Did you do any day trades this week or not? Did you did you do our age this morning? I didn't I concentrated on Just watching the options tick away Um, I did watch the other day. Um, I think I don't know which one you did but the one that you did It was very sloppy. It was Yeah, I know it was it was insane. It was crazy time. I did I think it was home. I did I did home as a paper trade Oh, wait a minute. You did that was a short. I think It was oh, I was crazy. It popped It was a fantastic pop on the first bar And to be quite honest that About my paper trading it worked fantastic And I I then obviously took it again twice because it's still it set up nicely. I did paper trading Okay, your paper treat us. I was going to say I thought you were going to take a month off day trading. Are you coming back? Or what are you doing? I am I'm off at the moment But I am but when I can and if I see anything that catches my eye Then I will go with it and see what I spot No, it's just a case of just, you know, relax and take it and see what happens and what develops But I noticed you took a trade. I think you went along that particular day I was going to say yeah, that's what I thought in my mind even looks too thin right now I mean you can look at it and say well, it has a volume, but I don't like the way it looks It looks weird to me Just like yeah, look at this. This is like yeah, it's just weird looking these little cracks Can you go back to that day the same day? Um, I forget which day I know I saw it and I just thought it looked strange It seemed to trade very well. It was it was it was it was good that first that 931 bar That was a cracking bar was that you could be in and out Yeah, when you watched it live, it was like again, this is really hard to like explain But it was like it was like it wasn't moving and that it moved and then it like oh, I did I watched it when I watched 11 team. Yeah It was it was okay. It was a nice trade and obviously it bounced came back up hit resistance and dropped again Yeah, I mean some people did it in the room. I I just what I couldn't get I did I rated it. I rated it I rated it. I did you what did you rate it out? I don't even remember but it rated good enough to do and then I just moved off of it But Len worked really good, but that ended up working good, too But I never could I just didn't feel like doing this. I don't know It just I thought you got stopped out on the first trading line We did we got stopped in lend and then the second one in the third one worked really well and thank god It I was thinking it was going to go to 54 and then thank god You know It was a decent enough move to get out because honestly if you had held this it never got to 54 This was when you said a wild one. I thought you meant this because this was a wild one It stopped Looked like it was going to get to 54 and then this was insane Yes, I mean, I do like shorting as opposed to going They are very nice. That's why I picked home. It worked. Okay for me. Oh, like I said, obviously I was paper trading it So that's good. It's good. Feed it more point here before I let you go I mean because I don't know what we're going to have here because it's just we got a week until earnings season But you risked $600 almost on the Lulu I'm sure that you did not risk 600 in the spy and you did not risk 600 in the case But these trades are probably going to work and you didn't risk 600 in them Do you know what I'm saying? So it's like you'll have to if you make money in the cues one art and you make money in the spy one art It's just going to cover the Lulu if it loses and then you won't be ahead. Do you see white? You know what I'm saying? Oh wait, I agree. But at the same time I'm a little to take anything other than your particular call I know but I'm saying you still can't are supposed to take that much more I understand. I understand. Yes. Maybe I should have taken the lowest strike But at the same time Yes, you higher strike you me Yes That's what you should do the next time because we're still going to make money on it You that's what you should do But I'm just pointing out here your results next week like if this has a move and it moves great on Monday and you get out You could basically have three trades two good trades and one negative trade and not be up Because of the risk that you took in Lulu like I'm fine If it costs 350 for a contract and you pay 350 and you normally risk 300 But to pay close to six when you normally is three Do you know what I'm saying? Like what did you pay for me? I do? I do but The price was all over the place. It was really really annoying. I mean if I put it in I know but that's how it is. That's how I mean I did risk I risked for 54 in the spy And I also risked 429 in the cues So it it's tipping a little bit on the upside But anyway, well, it sounds like you're just risk. It doesn't sound like you're risking 300 at all What are you doing? It doesn't I mean you just told me your risk is 300 Now you just told me three trades that you took between 450 and 600 So where is your risk 300 and no trades that you're doing? I mean that Well, I know I know it's edged a little bit on the on the higher side But I did risk about 325 in my apple trade which failed Well, apple if you didn't watch it to get out of it then you got out of that negative because that didn't have the move But I called it late, but it still was up when it gapped up the following day But again, you got to watch these miniature charts But that to me I watched your video, but that to me was was I was hardly up at all. We're seeing that and I took I know but we've been through this before we continue What are you going to do if you just want to let it collapse you can let it collapse But I mean and when it's obvious that that's happening Then that's what's then what are you going to do? Just let it run and muck because this basically fell the market fell If you watch the chart again, if you're not watching the charts at all I mean, I you know, then you're just saying well, whatever It depends on what I'm doing if I if I mean this is like yes, I will watch the chart But other than that I will let them play out. I mean generally my plan is to take them for longer than day I know I know we've been through that tapped up the next day. So that's not that has nothing to do with anything here This would have fit within your parameters to not get in and out the same day This had to move the second day gapped up ran up looked good But the market started collapsing and when this happened it didn't look good And even if you have still had it here, this looked okay looked okay, but then at some point here's the day So then you're just going to say well You know, I mean, well, well, yes, but it's a question of when do you say cut because I think these are things You need to think about if you're not going to watch the miniature time frames to to manage the trades Then you need to decide if you're going to hold everyone to come hell or high water Even if they're clearly not going to have the move It's expected which was apple and really was lulu too yesterday That did not do what I thought that it would do by the close So, you know, if you're if you don't want to watch them and manage them that way then everyone's again You're playing everyone through but it's it's sometimes it's very obvious that the moves that are the expectation Is not there at least to me when you're watching the chart right Right, I will have to consider that learning future like I mean it looks good here It was not and say we were here And it was four o'clock or three fifteen. That wasn't what I thought we would do today now We didn't we we just completely had a nice move here, but like if it was three fifteen I'd say well, this didn't do what I thought this doesn't look good here. You know I agree. Yes. It has picked up. It has turned around Yeah, because it looks like it could be so I mean, I don't know I thought you're right your desk a lot looking at charts if you're not. I mean There are times when I am and times when I'm not but unfortunately it's picking the right times, isn't it again? So But you know the times the times and the more there are certain times where there's more reports come out There's economic data. There's stuff for you to be watching Yes, I am generally around at the open Okay To watch obviously for a day trade to see how it plays out And see if I'm picking the right trade and it's interesting to see how it compares with what you've done on the day We'll just see where these go if this does what I think it's going to do on Monday This could be both of these trades could be nice trades Lulu, I mean Lulu to me has to make a move on Monday Tuesday at the very very latest or it's not going to work But it'll be completely down by Tuesday if it doesn't make a move Monday. So You know, yes. Yes Okay Right. Thank you. Melissa. How you do? Doesn't look like you're doing very well We should be out and it should be done and it should have been world trade organization Simple simple. It's like it's never gonna be done Um, it was bouncing around 130 last time I looked but it's just a complete fast Theresa mayors when a real cock up of it all But I mean when you think about it She should not be prime minister. She should not be prime minister. She's hanging on She is she is they are selling us out Her her agreement her treaty which has been put through is a complete sellout of this country Well, I haven't looked today because every time I do I've looked at the tweets yet But I get it's got to the point where you become so frustrated. Yeah, democracy has been pushed aside And it's really really bad Really We are supposed to leave today. We were supposed to leave now. It's pushed further into april Do you even think it happens in 2019? I don't know. Melissa. I really don't know people keep changing sides Um, the the people the politicians who were voted in Have gone back on their word That is it ultimately they've been voted into places where they shouldn't have been voted in on On what they've put forward when do you have elections over there? What is it in the fall of the spring? um It's a while. Yeah, we have we've got local council elections, but they are They're not really There's nothing to do with the really the government as such and just local Um, but that will be interesting to see But we have the if the if it continues we have to vote for the european parliament our MPs to go there MEP's Which will be incredibly interesting to see what happens if it gets that far. I hope to god it doesn't get that far It is incredibly frustrating. It really is everybody's frustrated with it It's a sell-out. It's a sell-out. It really is a sell-out. They've sold us out. Uh-huh. They should have been out We should have been out away and as far as mr. Trump goes. He was precisely right Theresa may does not and did not have a clue how to negotiate And listen to his comments about her. I must I miss that. Yeah, I that's funny. Well now She is in through it till when though when is her term up? Oh She she's she's said that if if her party or whoever votes is through what she's putting forward now She will step down as prime minister. Well, I'd be able to think this is stupid in your life She's gonna step down if her proposal gets put through. I mean come on You know, it doesn't want to be put through and you need to go simple as that And have someone who wanted to leave and who has the the foresight to see where this country is going Not throw it to the dogs because that's basically what they are doing And the dup which are holding everything up at the moment the the democratic unions party in ireland Who have who have really kept Theresa May in power? They are support. They're supporting Fully leaving and Eliminating this backstop It's all it's all a fuss and they've used this this island border About the EU and the irish As as a lever And it's not a lever. There's no need for any border. Everything can be done electronically It's a fuss everything could come in and out of the country electronically They they have they've tried to create problems So whose fault whose fault is it though that it's not coming together? I mean it can't be all Theresa May. It's Theresa May and it's unfortunately The people in parliament behind the scenes They're orchestrating all this Behind the scenes wanting to remain. This is why her so-called brexit plan. Yeah Is not it's just capitulation to the EU really and this plan that she's doing now We will not be able to vote out of it. Once we are in it. It's worse than actually being in the EU to start with Oh, it's it's a mess. Nigel Farage He's top dog He he has worked the guy the guy should be knighted because he has worked hard for the last 20 years To get this through And he is spot on absolutely spot on with it So the it's interesting because the pound used to be worth twice as much as the dollar now It's down. I haven't looked up what the euro is but now it's down basically Where the euro is or underneath that even now 1.3 if it's yeah, I think it dropped to about 124 or 123 Yeah, but I mean it used to be one pound Like for I mean it used to be really really cheap for you to get us Products and services for compared to what you you know with the pound now. It's not It did. I mean, I remember it used to be about 180 at one point I remember even 190 because it was at a time that I was looking at of going ever to visit London and I thought well, this is going to be double, you know, if I go so and so but it's funny Yeah, I mean, it's just I think that I think this whole nuttsiness has collapsed the currency value But if if we fall out on world trade organization rules the the pound they say will drop But that's not bad because obviously We are It's making it cheaper for us to export right which will be better for us It's not it's not a bad thing that the pound will come down and plus obviously it makes You he solves in the in the u.s. It makes it cheaper for you to obviously travel And spend in the UK. Yeah, so that it's not it's not a bad thing at all. It really isn't And there's a lot of good points to it So it's not going to you know cripple the country and it's a lot of this crippling. It's just talk It's it's like people in in the u.s. Talking mr. Trump down Which it's it's totally wrong. It's all this fake news. Yeah What are people over there? I mean, I'll just ask you this right now. What are people over there think of trump? in great britain It depends who you speak with There are people who do like him. Um, I think he's maybe He's He's brashness. I think that times can turn people away But when you look at his principles and you cut through all that You can understand why he's doing what he's doing. I mean as far as the border war goes I fully understand why he wants that we have the same thing, but we have water And obviously we are having problems now. You are having problems. Yeah with people getting into boats and sailing across from france So once they get set foot in the ok They are then put into a detention center, but they tend to have a bit of leverage once they are here Now where you have immigrants coming from what countries over there? Oh, they come they have a route from africa And they come across africa over italy and around france But basically once they enter into an eat into a european country They're not supposed to stay in that country and obviously as for asylum or whatever Um To stay in that country. Well, they're trying to move on and they've been moving on through france And they've been trying to get over at the port of dover and getting into the back of wagons And you know smuggling as people have been smuggling them across Um, but obviously that piece of water Is is is a very very good deterrent Which is what you don't obviously have you have land and that's sitting they can climb through those fences and Yeah, it's a huge stress state of arizona. It was just massive and even texas such big states So yes, yes, so I can fully understand why and it makes sense to have one. It's simple, isn't it? You put a wall up you stop people climbing through, you know, I mean Do I have to do with that? Do I have to do with technology or anything like that? It's just simple So I can fully appreciate why you would like one. It's all it all makes sense It's just unfortunate that you've got a similar scenario where people are being voted in And you've got this battle, haven't you within the house to try and get something passed? Well, that's well, that's the same sort of scenario that we have in parliament we've got people that have been voted in and Saying that they have been voted in saying that they will do something And they haven't they've gone back on their word But at least half the country likes Trump. Does anyone like Theresa May over there now? I think some people do like her but I I don't I don't like it. I've never liked it from day one. I gave her the benefit of the doubt thinking Yes, she might come up with a deal No, absolutely not the more you hear and the more she's going back. I mean all this, you know, no deal What is it? No deal is better than a bad deal. I mean, what a lot of crap. Yeah. Yeah She said that Time and time and time again, and it's not obviously gone to fruition. We are still tied up now So what do you say? I don't know the interesting to see if it runs into 2020 because here it is this April Got a head nod. Yeah I really do. I really do Well, it's interesting to hear your take on it Phillip How's your dad doing? He's stable shall we say at the moment still investigating It's well, that's better. It might not be a new moment yet. It could be something else, but we'll see When are you gonna find out? I took him in for a scan yesterday. So They are still assessing it and seeing what's possibilities it could be I mean, we'll say pneumonia at the moment will be a good thing because if it's if it's My other thought it Would not be good. Well, people do have pneumonia for a long time. So it could be pneumonia I hope it is. I do hope it is and it can be cured. I do because that's looking on the bright side Well, it's good if they do all the tests and they'll make sure let them do every test that they want to do, you know Yes. Yes. Yes. Definitely. Absolutely Still optimistic Very good. All right. Good talking to you Phillip. Have a good weekend. You too. Thank you, Melissa. Okay. Talk to you later Bye